Valuation No.

18030-39200B

Location

24B Third Street, Masterton

Legal Description

FLAT B DP 50289 HAVING 1/2 INTEREST IN 729 SQ METRES BEING LOT 2 DP 23426

Certificate of Title

20A/509

Ward No.

2

Zone

9A

Use

92

Category

RF196

TORAS

001200

Property Area (hectares)

0.0000

Current Rating Valuation

As valued at 1 September 2023

Land Value

$185,000

Improvements Value

$205,000

Capital Value

$390,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$185,000

New Improvements Value

$205,000

New Capital Value

$390,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$809.60

Instalment 2.

$809.50

Instalment 3.

$809.60

Instalment 4.

$809.50

Current Year's Rates

$3,238.20

Previous Year's Rates

$2,982.90

Rates for Next Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 185,000.00 0.001536 $284.16
016 Civic Amenities rate (C) 390,000.00 0.000682 $265.98
026 Urban Wastewater rate (C) 390,000.00 0.000984 $383.76
031 Sundry Facilities rate (C) 390,000.00 0.000488 $190.32
041 Water rate (C) 390,000.00 0.000689 $268.71
046 Annual charge () 1.00 575.00 $575.00
056 Roading charge () 1.00 99.00 $99.00
061 Recycling Collection charge () 1.00 104.00 $104.00
066 Water Supply charge () 1.00 190.00 $190.00
070 Urban Wastewater charge () 1.00 277.00 $277.00
086 GWRC General (C) 390,000.00 0.0005127 $199.95
091 GWRC Public Transport (C) 390,000.00 0.0003181 $124.06
096 GWRC Stadium Purposes (C) 390,000.00 0.0000009 $0.35
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.25
111 Representation & Development (C) 390,000.00 0.000441 $171.99
121 Regulatory Services rate (C) 390,000.00 0.000634 $247.26
201 GWRC Te Kauru River Management (C) 390,000.00 0.0000717 $27.96
Total $3,426.76

History

Year Land Value Capital Value Annual Rates
2023/2024 $155,000 $365,000 $2,982.90
2022/2023 $155,000 $365,000 $2,785.00
2021/2022 $155,000 $365,000 $2,583.60
2020/2021 $100,000 $230,000 $2,265.70
2019/2020 $100,000 $230,000 $2,224.20
2018/2019 $100,000 $230,000 $2,130.60
2017/2018 $80,000 $155,000 $1,958.80
2016/2017 $80,000 $155,000 $1,931.10
2015/2016 $80,000 $155,000 $1,882.80
2014/2015 $80,000 $160,000 $1,842.70